Summary: Senator Andrew Bragg proposed a crypto bill to facilitate tight disclosure requirements. The bill targets China’s Digital Yuan as Beijing tests cross-border utility for the central bank’s digital currency. Nine U.S. lawmakers also developed a bill to mitigate possible risks from the widespread use of China’s CBDC. Bragg further proposed a crypto licensing regime for exchanges, stablecoin issuers, and other digital asset service providers. Andrew Bragg, an Australian Senator from New South Wales, proposed a crypto bill to introduce […]
